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Rupee gains 6 paise against dollar in early trade

Rupee gains 6 paise against dollar in early trade

Forex dealers said dollar's weakness against other major currencies kept the Indian currency's sentiment firm. However, lower opening at the stock markets capped its gains.

The Indian Rupee appreciated 6 paise to Rs 45.07 a dollar at the Interbank Foreign Exchange market on Thursday, boosted by the greenback's weakness against euro and other major currencies.

Forex dealers said dollar's weakness against other major currencies kept the Indian currency's sentiment firm. However, lower opening at the stock markets capped its gains.

The rupee had on Wednesday closed 3 paise up to a nearly one-week high of Rs 45.13/14 a dollar on sustained US currency selling by some banks exporters.

Meanwhile, the Bombay Stock Exchange index Sensex was down 116.95 points to 19,417.15 points in the opening trade on Thursday.

Published on: Jan 13, 2011, 10:26 AM IST
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